BTCUSDT20240315C53000
Bitcoin / Tether USD Mar 15 2024 53000.00 Call
crypto

Not everyone with BTC wants to dump a huge amount through a bank and deal with 15 years of paperwork. For smaller real life spending, I use Oobit because I can spend crypto from my phone instead of turning every use case into a full cash out process

Help fund the next round of security fuzzing for Monero (MAGIC Monero Fund)
The MAGIC Monero Fund is in the midst of a big fundraising push to ensure we get our **second fuzzing project** across the line.
We're nearly halfway to our target amount after we have made a $10,000 donation to the fundraiser out of our general fund.
Monero is fast approaching perhaps its most important upgrade to date, Full-Chain Membership Proofs (FCMP), and continued collaboration with some of the best firms in the security ecosystem to ensure Monero remains resilient in the face potential crash and exploitation vectors is paramount. But we can't do it without you.
**Quick refresher on what fuzzing is:** Fuzzing is automated testing that throws immense volumes of random, malformed inputs at software to shake out bugs, crashes, and security vulnerabilities that humans often miss. Monero gets to run these security tests continuously for free through integration with OSS-Fuzz.
**Why this matters:** the [**first**](https://donate.magicgrants.org/monero/projects/fuzzing-monero-rpc) fuzzing project (finished last year) had ADA Logics build harnesses around Monero's RPC handlers. The result was RPC coverage went to 100%, and **three real vulnerabilities were found and fixed** in the code. Those harnesses keep running and catching new edge cases to this day.
The problem is that other sizable parts of the codebase have very little coverage:
\- wallet — 5.23%
\- common — 15.87%
\- p2p — 2.04%
\- fcmp++ — 0%
This round targets exactly those gaps (src/wallet, src/p2p, src/fcmp\_pp). Importantly we would like to have this project complete and in action before FCMP goes live on the network.
**Who's doing the work:** ADA Logics again, picked because of the high quality deliverables in our previous engagement. They're a specialized security firm in this field of work and their CEO David Korczynski is a top OSS-Fuzz contributor with a PhD from Oxford. ADA Logics has fuzzed projects like Docker, Ethereum, and Kubernetes (they previously discovered a critical Ethereum vuln, CVE-2020-28362). This project will span 3 months and the deliverables include open source fuzzing harnesses along with a publicly available, detailed, written report.
**Fundraising Goal:** Our goal is $50K, and we're about 43% funded so far (\~$22k across 90 donations). You can donate in XMR, BTC, LTC, and more.
**Contribute now help secure Monero:** https://donate.magicgrants.org/monero/projects/fuzzing-monero-2

Isn't 1 BTC a bit too much? If I lose the seed phrase (very improbable scenario) I lose 60k which is in fact a lot of money

Go with 1 BTC per wallet. You dont need to worry about different wallets for less.

Oh, God. This just reminded me of one of the bad habits I gave up to buy Bitcoin:
> Every time you want to waste $20 on junk, buy $20 of BTC instead.
Ugh... I'm almost embarrassed to admit this, but... I used to buy lottery tickets. It was just a couple bucks, here and there, but it adds up.
When I committed to buying Bitcoin, I changed lots of little bad spending habits.

Since keeping up with more introduces risk I'd probably be pretty comfortable up to 5 BTC or so before adding another wallet

BTC hodlers feel targeted

...we have a President of the United States (among other leaders) discussing BTC (and crypto generally) in a positive manner. While the original moniker is no longer a P2P project, it is clear that cryptocurrency is here to stay. One of the few aspects of the future that seem promising at the moment. Heck even AI will mine BTC as a profitable endeavor given the capacity to do almost anything. The 2000s have been an interesting time to be alive.

Stop FUDing your own BTC Bag

This isn't a great example to use. They're asking people who have ever "used" crypto. Not "used and still active".
Take me: I've used crypto in the past. I don't believe in it anymore, but still keep $1 in both BTC and ETH to track them. So technically, I'm still considered "in", but will not put another penny into it regardless of how high or low the price goes. But I would like to keep up with their general sentiment as it can shift what I would consider "genuine markets".
The last two years does deserve an asterisk with the amount of rug-pulling by...."certain people". I *am* interested to know how the next 10 years will play out and if the 4-year cycles will continue or if trajectory changes.

DCA monthly on the 15th into BTC, ETH, SOL, XRP, HYPE, LINK, TAO, ZEC and RENDER $100 ea. Have a round-up on my checking account that I empty monthly to fund Doge - about $20-$30/month.

It is plausible, normal is subjective.
There are good comments about this but I'll go more in depth with an example:
There was a volband-gating strategy that worked well until 2024 for BTC before ETF shift. Vol seemed to be more tied to trending states so it preformed better than it's momentum ungated counter part. After 2024 the Vol-of-vol distribution didn't support prior bands for the strategy.
The alternative momentum strategy performed technically better in 2024 and onwards. If you just looked at final pnl and not rolling, you would of thought the vol band strategy was better overall 2020 all the way through 2026....It wasn't.
Know when your strategy doesn't work and what are alternatives that do work.
Not financial advice.

Why BTC when there is Monero ?

I first purchased BTC at about 21k. Even when it was over 100k last year, I was still purchasing weekly.

Which is a huge change from the expectations that were priced in only recently. If the less likely option of a rate increase happens, that'll kill Bitcoin's momentum for weeks. And it's not like holding rates steady is particularly promising for BTC price action either.

You are not going to want to hear this, but turning crypto payments into US cash is going to **require** ID verification. We've all had to deal with it, it's just the way it works.
You can go to Binance or Coinbase, make your account, scan in your ID and go through the approval process. Once that's complete, you can withdraw your money like normal.
You will also have to accept that taking payments in crypto will exclusively mean BTC or similar. This means you will be looking at fees related to those transactions and turning into USD. It's not ideal, but this is how systems work with US companies and cash.

if SNDK could go ahead and announce they've created time travel and solved cancer overnight so my long call prints, that'd be cool.
Also BTC 3 NVDA $205p @ 8.00 -7.00
GUH!

BTC BULL Jul'26 9 call at 0.02
STO BULL AUG'26 9 call at 0.19
STO BULL AUG'26 7 put at 0.29

Technically BTC is a lot cheaper rn

News for the gist of things. Most news is bullshit to keep you coming back for more news. NVDA & BTC are in the news hourly if not minute-by-minute. Every few days Buffett or Burry or the Fed, etc is mentioned. It's the scandal sheets for the investment world. A lot of it is ai generated.
Maybe try Bloomberg.
I never buy IPOs.